Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s leading producer and consumer of precious metals, is at the center of this extraordinary rise.
Worsening geopolitical tensions, notably war in the Middle East and Ukraine, and the prospect of lower interest rates in the United States, are helping to improve the image of gold as an investment . But relentless Chinese demand is helping drive the recovery, as retail buyers, fund investors, futures traders and even the central bank view bullion as a store of value in uncertain times.
News Source : www.bloomberg.com
Gn bussni
